"Short Sales By Megan Laherrere" Channel 10 Fraudulent third deed of trust - Elk Grove

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Notary Classes . Visit www.shortsalesbymegan.com Call (916) 716-6512 ELK GROVE, CA - The pending sale of a home on the brink of foreclosure could collapse because of a fraudulent deed of trust recorded on the property-- and no one involved in the transaction can imagine a possible motive. JT Tiumalu took a job in Riverside County and attempted a short sale of the family's house on Early Light Way in Elk Grove instead of simply walking away from his underwater mortgage. "I wanted to do the right thing as best we could," he said. Tiumalu's Realtor found a buyer and got approval from both the first and second mortgage holders to close escrow by the end of December. But this week, a preliminary title report showed a mysterious new 500 deed of trust that was recorded on Oct. 13. The phony deed of trust puts the house in Alameda County, the signatures of the homeowners are forged, and the notary stamp appears to be counterfeit. Although the document is clearly fraudulent, it's enough to cloud the title and kill the sale. "As of right now it looks like we're headed into the tank," said Coldwell Banker Realtor Nicole Montoya. Realtor Megan Laherrere, who was negotiating the short sale with the lenders for Montoya, said a quiet title action could take months and cost thousands of dollars in legal fees. "We contacted title and their bonds will not cover removing it. The title insurance won't cover it. Nobody wants to touch it," Laherrere said. The homeowner and the agents working on his behalf ...

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